Tuesday, May 27, 2003
It is too late for me to write more about this but Tom is right on track. Blogs filter important information and disperse it rapidly in a fashion that has been impossible before. As we get better at using this approach, we will see a larger explosion of its filtering properties. 11:23:38 PM
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Excuse me if I have been a little more partisan and bilious tonight. My mood is dark, making it easier to paint the world in shades of black. I find that following the Black Muse I often find my way back to light much faster. Such is the case and I feel better already. Of course, listening to Heart singing Barracuda probably helped also. 10:40:03 PM
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The official word is that ordinary people can take pictures, just not members of the media. I guess not all managers got the message but now we all know and we know who to email if we have problems. 10:35:20 PM
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For Partisan Gain, Republicans Decide Rules Were Meant to Be Broken... (Adam Cohen). For Partisan Gain, Republicans Decide Rules Were Meant to Be Broken... (Adam Cohen) [Common Dreams]
Are the Republicans worse than the Democrats or is this something EVERYONE does? I do not recall the Democrats ever trying to drop an atom bomb on the filibuster rule in the Senate. We have Republicans who will only meet with lobbyists if those lobbyists are Republican. We will probably see increasing partisanship and disenfranchisement in the coming years. 10:29:42 PM
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Here is a column from a British paper discussing Robert Byrd. It discusses some of the positive points and many of the many negative points of Byrd's career, particularly his tremendous ego. It explains why he could never have been President but I think he represents an older generation of politician who believed that a Senator was as high as a politician could aspire. The executive could only manage what the Legislature passed. And the Senate was the real controller of legislation. Unfortunately, this view has not been really true since Nixon, if not earlier. No longer do we seek our Presidents from the Senate. They now come as Governors of Southern States. When Byrd is gone, so too will go the age of Great Senators as the true rulers of America. 10:17:02 PM
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Stating the Obvious... (Paul Krugman). Stating the Obvious... (Paul Krugman) [Common Dreams]
More on the Republicans 'Starve the Budget' policy. They are forcing people years from now to pay for their decisions today. If this plays out as they expect, I do not believe that many people will be happy. 9:59:45 PM
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Housing Bubble?. HOUSING BUBBLE?....There's a bunch of reasons to be jumpy about the economy. Paul Krugman thinks we may be headed for a liquidity trap. Income inequality is rising to historically dangerous levels. The stock market is still overvalued. Productivity is continuing... [CalPundit]
The housing market is one of the few things holding up our economy. It did the same thing in Japan over a decade ago. When it burst, it signaled the beginning of terrible times for Japan, times it has spent most of the last decade dealing with. 9:53:36 PM
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Tax Cuts. TAX CUTS....While we're on the subject of artificially increasing deficits for the sole purpose of throttling social spending, Andrew Sullivan responds to a reader who makes this point very clearly:Give the guy points for candor. But the result of this... [CalPundit]
Okay, lots of economic stuff today. Don't know why but it happens. Using tax cuts to throttle the government has been openly discussed by several conservatives. Even Milton Friedman likens it to striping a child of their allowance. But we are not children. The money for the social programs most of America values will have to come from somewhere. The coming retirement of the boomers could be a huge time of generational warfare because of what is being done today. 9:52:03 PM
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